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BlockBeats News, March 2, according to official sources, BitMine announced today that the total value of its cryptocurrencies, cash, and "high-risk, high-reward investment projects" has reached 9.9 billions USD. As of 14:00 Eastern Time (UTC+8) on March 1, 2026, the company’s crypto assets include: · 4,473,587 ETH · 195 bitcoin · 200 millions USD in Beast Industries equity · 14 millions USD in Eightco Holdings equity · Total cash holdings of 868 millions USD Bitmine’s ETH holdings account for 3.71% of the total ETH supply. Bitmine Executive Chairman Thomas "Tom" Lee stated: "As we gradually emerge from the latter half of the 'mini crypto winter,' Bitmine is methodically executing our Ethereum financial strategy. In recent days, geopolitical uncertainty has intensified— the United States has launched military action against Iran, and its impact will be reflected in financial and digital asset markets in the coming weeks. We continue to steadily increase our ETH holdings and optimize our portfolio returns." Lee revealed that Bitmine increased its ETH holdings by 50,928 last week. "We believe this pullback is attractive, and ETH’s price has yet to reflect its high utility as the core of future finance." As of March 1 (UTC+8), Bitmine’s total staked ETH reached 3,040,483, valued at 6 billions USD, accounting for 68% of its total holdings. Bitmine’s self-operated staking annual yield is 2.86%, and its 'Made in America Validator Network' is scheduled for deployment in early 2026.

格隆汇 March 2｜JPMorgan's economists wrote that the impact of the Iran conflict on the global economy depends on the duration of hostile actions. They believe that rising oil prices are the most likely economic channel to produce significant ripple effects. In the case of a short-term conflict, oil prices may quickly return to their previous trajectory, and the global economy may not be severely affected. On the other hand, if oil prices remain high in the first half of this year, the energy price shock could reduce the annualized growth rate of global GDP in the first half by 0.6 percentage points and push the global consumer inflation rate up by more than 1 percentage point in the same period.

The company expects the average daily production to remain in the range of 152 to 157 thousand barrels of oil equivalent, and this growth target will be supported by four independently operated drilling platforms.